The recent drastic budget cuts were a surprise, given that Prabowo had signaled he would pursue an expansionary fiscal policy.

Authority had been hoping for a slice of Danantara’s capital to support the megaproject’s development, its head Basuki Hadimuljono said on Monday.

Prabowo says he will feel ashamed to face the Indonesian people to run for president again if his current presidency is a ...

The wealth fund is committed to optimizing the role of SOEs as the backbone of national development, contradicting President ...

Ahmad Basarah stated that the relationship between the Chairperson of PDIP Megawati Soekarnoputri and President Prabowo ...

The country launched its new sovereign wealth fund Danantara, the latest initiative by President Prabowo Subianto to deliver on his ambitious economic growth target of 8% within his first term.

Prabowo responds to those who call his cabinet fat. He admits that it's not a problem. What's important, Prabowo says, is ...

It will consolidate funds from state-owned enterprises and use them for strategic projects, such as in renewable energy.

Dissent against his new government has appeared in the form of student protests and the possible emergence of an opposition ...

Indonesia's Prabowo officially establishes Danantara, which is modelled on Singapore's investment arm Temasek Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state ...

Indonesia launched a sovereign fund, which is expected to boost growth of Southeast Asia's biggest economy, on Feb 24.

JAKARTA -- Indonesian President Prabowo Subianto officially launched the Investment Management Agency Daya Anagata Nusantara ...